I Want My TLC: Attaining Transparency, Longevity and Certainty in the California Renewables Market

Back in 2009, Deutsche Bank Climate Change Advisors (“DB”) published a study tracking 270 major climate policies in 109 countries. The study concluded that successful programs were those that offered investors “TLC” — transparency, longevity, certainty — a comprehensive, stable, and predictable set of rules that infused markets with a sense of clarity and security. The research went on to find that the United States lacked TLC and was lagging behind other countries, notably China and Germany. A more recent DB paper found little to cheer about at the Federal level in the U.S. Referring to the gridlock in Congress on energy policy, the paper noted “…while Congress stumbles, the U.S. stands to fall behind.”

I Want My TLC: Attaining Transparency, Longevity and Certainty in the California Renewables Market